Atari revenue down, but MMO business blooming

Without an equivalent of the Ghostbusters game, Atari's revenue for the nine-month period from April 1 through December 31, 2010 was, well, a bit busted. Through the first three quarters of its current fiscal year, the publisher has reported €41.0 million ($55.3 million) in revenue, down 55.7 percent from the same period in 2009.

However, Atari doesn't seem too bugged by the decline. In its latest earnings release, CEO Jim Wilson said that current-year revenues are "in line with our outlook and show a continued shift toward fewer but more profitable retail releases and the growing online games market." And, in fact, Atari's online revenue has increased by €15.3 million year-over-year to €18.4 million ($24.8 million) through nine months, thanks to Champions Online and Star Trek Online.

Revenue from online games represented a whopping 44.9 percent of Atari's total net revenue for the period, compared to just 3.4 percent in the first nine months of its previous fiscal year.